Is Jones, MI 49061 a buyer’s or seller’s market?
Jones is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Jones housing market right now
In the three months ending August 31, 2026, 0% of homes in Jones, MI 49061 sold above their list price, the typical home went under contract in 44 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (24 days then) and the median sale price rose 3% to $297,871. Overall, Jones is less competitive than a year ago, which gives buyers more room.
Within Cass County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Cassopolis 49031 (25% sold over asking) and Marcellus 49067 (19% sold over asking) are even more competitive.
Run the numbers for 49061
Nearby markets
Cassopolis 49031Balanced $141 /sq ftDowagiac 49047Seller’s market $181 /sq ftEdwardsburg 49112Seller’s market $182 /sq ftMarcellus 49067Seller’s market $147 /sq ft Browse all markets →Towns like Jones nearby
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Questions about Jones real estate
Is Jones a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Jones, MI 49061 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jones?
The typical home went under contract in 44 days in the latest three months.
Do homes in Jones sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Jones?
About 0.97% of a home’s value a year in Cass County, or roughly $3,880 on a $400,000 home.
What is the median home price in Jones?
The median sale price was $297,871 in the three months ending August 31, 2026, about $161 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology